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Gold/Mining/Energy : ATLANTA GOLD CORP. (TSE:AAG)

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To: Gary Jacob who wrote (197)1/28/1997 11:12:00 PM
From: FRANK YAN   of 495
 
I talked with Hxxxx yesterday afternoon, here are the info I got:

1. New Co (Twin Gold) will be listed on TSE.

2. Ratio is unknown, but VSY will get everything that AAG has now.
the property AAG has in Idoho(correct me if I am wrong) estimated about 1 mili oz gold. So it sounds like AAG holders will just get new co share(twingold) without AAG (left over). It will be 100% merge.

3. The drill results will come out in next 2 to 3 weeks and the drill will start in 2Q. ( April or May).

4. The privite placement that you have already known.

5. The new co. will be located in Toronto, not Vancouver.

Gold Luck to all.

Frank

p.s. check out CNP/T

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